Sep.27.2013, Wall Street Journal (WSJ):
SHANGHAI—China's government said it would turn a new free-trade zone here into a laboratory for remaking the country's financial sector, but major changes are still years off—if they come at all—as regulators debate how much control to cede to market forces.
On Friday, the State Council, the government's top policy-making body, released rules to govern the China (Shanghai) Pilot Free Trade Zone, a nearly 29 square-kilometer (11 square-mile) patchwork of docks, hangars and warehouses in Shanghai's Pudong district.
SHANGHAI—China's government said it would turn a new free-trade zone here into a laboratory for remaking the country's financial sector, but major changes are still years off—if they come at all—as regulators debate how much control to cede to market forces.
On Friday, the State Council, the government's top policy-making body, released rules to govern the China (Shanghai) Pilot Free Trade Zone, a nearly 29 square-kilometer (11 square-mile) patchwork of docks, hangars and warehouses in Shanghai's Pudong district.
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